Ghanaian commercial-scale facilities will be built with an initial refining capacity to produce 30,000 metric tons of battery-grade lithium carbonate per year.
American Resources Corporation (NASDAQ:AREC)
— Mark Jensen
FISHERS, INDIANA, UNITED STATES, December 11, 2023 /EINPresswire.com/ — American Resources Corporation (NASDAQ:AREC) (“American Resources” or the “Company”) subsidiary, ReElement Technologies Corporation (“ReElement”), a leading provider of high-performance rare earth and critical battery cell refining capacity, today announced that it has joined forces with TECHGULF Ghana Limited, a prominent technology company, to introduce its inaugural lithium processing and refining in Africa factory in Ghana.
This groundbreaking initiative, which was unveiled during a courtesy call to the Vice President of the Republic of Ghana, His Excellency Dr. Mahamudu Bawumia, marks a major leap forward in Africa’s quest for sustainable energy solutions and economic growth driven by the growing lithium industry. This collaborative effort reflects a commitment to advancing Ghana’s lithium discovery and supporting global demand for electric vehicle components. The full scope includes improving the value step by introducing ReElement’s high-value technology for the processing and refining of lithium ore in Ghana by Ghanaians in Africa.
In a statement, Dr. Mahamudu Bawumia expressed his excitement about the partnership, stating: “We are delighted to witness the collaboration between ReElement Technologies Corporation and TECHGULF Ghana to establish the first battery grade lithium processing facility in Africa. This initiative aligns perfectly with the Ghana’s commitments to sustainable development and positions the country as a key player in the rapidly evolving electric vehicle sector.”
The joint venture aims to initially build an advanced pilot, training facility for lithium processing in Ghana, emphasizing workforce skills development and knowledge transfer to empower local talent in the growing lithium industry through the University of Mines and Technology (UMaT). . This facility will play a central role in enhancing Ghana’s technological capabilities and promoting innovation in the region. Given ReElement’s unique technological advantages, the Ghanaian commercial-scale refining facility will be built with an initial production capacity of 30,000 metric tons of battery cell-grade lithium carbonate per year, with the ability to modularly expand capacity as lithium-bearing ore feedstock volumes increase in the region.
Mark Jensen, CEO of ReElement Technologies highlighted the strategic importance of the partnership, stating: “We are proud to partner with TECHGULF Ghana on the pioneering lithium processing and refining facility in Africa. This venture underlines our commitment to promoting sustainable technologies and driving economic growth in By combining ReElement’s refining expertise with TECHGULF’s technological capability, we aim to make a significant contribution to the global value chain of electric vehicles and critical minerals.”
TECHGULF Ghana Limited, recognized for its expertise in digital infrastructure development and support, will bring its technological expertise to the collaboration. The company’s role in the partnership includes implementing state-of-the-art digital systems for efficient facility operation and facilitating advanced training programs to develop a local workforce.
Commenting on the partnership, Mr. Franklin Asare, CEO of TECHGULF Ghana Limited, said: “We are excited about the prospects of this partnership and the positive impact it will have on the Ghanaian technology landscape. Combining our strengths with ReElement Technologies Corporation, we are confident in our ability to contribute to the sustainable development of the lithium processing industry in Africa.”
The project is set to be a catalyst for economic growth in Ghana, boosting job creation, technology transfer and sustainable practices. Construction of the lithium processing plant and training facility is scheduled to begin in the coming months, with an expected completion date of early 2025.
David Sov
ReElement Technologies Corporation
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